Are you having trouble answering the question “The reason for backdating a policy is”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
The reason for backdating a policy is
to avoid being considered a substandard risk due to a recent cancer diagnosis
to obtain a premium rate based on an earlier age
to decrease the face amount
to decrease the Contestable period
Answer: to obtain a premium rate based on an earlier age
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